Which Businesses are Burglarized Most?
The idea of business theft and burglary is not a pleasant one; however, the likelihood of your business being burglarized is rather high. In fact, approximately 37% of small business owners were impacted by burglary or theft over the past year. Retail businesses in particular are highly targeted as thieves are seeking the opportunity to either use or resell stolen items. Everything from simple shoplifting to employee theft can contribute to overall business losses.
Theft is typically associated with petty shoplifting, but it can also refer to organized retail crime and employee theft
In fact, employee theft is so common that nearly a quarter of all small business owners have experienced it. While theft can have a major impact on overall inventory losses, crimes like fraud and embezzlement also act as a form of employee theft.
Small businesses are highly susceptible to fraud as there is typically less oversight in comparison to major corporations. According to a fraud study by LexisNexis, fraud within small and midsize companies has increased nearly 7% since 2020.
The easiest way to prevent burglary is by securing all entry points for your business
The majority of theft occurs as a crime of opportunity—something as simple as an unlocked door or broken window. By lessening these types of opportunities, businesses can easily mitigate burglaries.
Be cognizant of who the business keyholders are. It’s best to limit the number of keys given out for a business but ensure that all keys are accounted for. It is important to make sure they are promptly returned when people leave the company.
Install an alarm or closed-circuit television system (CCTV)
Alarm systems are highly effective at protecting your business from theft or burglary, and they don’t have to be overly pricey. Make sure that whichever alarm system you choose allows for remote monitoring and control from either a smartphone, tablet or computer and uses a central monitoring station for 24/7 coverage.
A CCTV system adds an extra layer of security by providing video surveillance of the inside and/or outside of your business. CCTV also provides business owners with the security of being able to see and recall instances from inside the business. The presence of cameras could even completely deter any potential thieves. Video surveillance also offers the added benefit of being able to keep an eye on employees. This not only helps deter employee theft, but also improves employee productivity.
Securing your business is vital for protecting your property and employees, whether your business is open or closed. The FSS Technologies team can help you identify and assess any security risks that exist, and we will work diligently to build a security system that suits your needs.
Explore Our Other Blogs
Do You Know How Your Alarm System Communicates?
What is alarm monitoring? One of the most sought-after features for residential and commercial security systems is 24/7 alarm monitoring. Monitored security systems are connected to a central monitoring facility with staff who review tripped alarms, verify emergencies, and contact relevant emergency services. Monitors generally reach at least two phone numbers connected to a residence…
How Much Data Does a Wifi Security Camera Use?
Internet Speed Bandwidth Internet bandwidth is a significant issue nowadays. Everything is tapping into the internet— from our phones to our refrigerators. If you’re installing internet protocol (IP) security cameras, they will inevitably use some of the bandwidth from your network. The question is, how much? When you purchase home internet service, you typically get…
Why Fire Alarm Monitoring is Essential for Your Business
We’ve talked about the National Fire Protection Association (NFPA) in previous blogs and how it is essential to understand and obey their standards when installing, testing, and maintaining fire alarm systems. Fire Alarm Monitoring is the Law Your business might need to include monitoring as part of its fire safety system due to NFPA 101® . NFPA…
ADT Home Security Settlement
ADT home security is facing a class-action lawsuit. The plaintiffs allege that ADT failed to disclose wireless sensors’ vulnerability to evasion and jamming. Why should you care? Although this settlement is for ADT, this is a vulnerability all wireless security systems face. Let’s talk about wireless technology for a second. All home Wi-Fi networks are…
What are the NFPA Standards for Commercial Fire Protection?
What is NFPA? The National Fire Protection Association is a non-profit organization founded in 1896. Working with more than 9,000 volunteer members, the NFPA works to create fair, balanced standards for the health and safety of the general public. The NFPA’s goal is to eliminate death, injury, and property loss caused by fire; therefore, they have developed more than 300 codes and standards for fire…
Fire Safety Procedures for the Workplace
The bad news—a fire breaks out in your workplace. The good news—you are ready because you have done your homework and prepared for the possibility of an emergency. Emergency Action Plan The Occupational Safety and Health Administration (OSHA) requires most employers to have an emergency action plan for various scenarios, including fires in the workplace. There are…
Who Owns ADT Alarm Systems After Install?
You’ve paid to have an alarm system installed in your home. Do you own the equipment? Most likely, but not yet if you contracted with a big-box home security company like ADT. Payment Plans for Equipment Most people sign up on special offers in which they will pay an installation fee for the equipment, but…
What are the Different Types of Smoke Detectors?
Smoke detectors are vital to fire safety for homes and businesses. Because they protect lives from fires or gas leaks, it’s essential to choose the best detector for your environment. There are various options to choose from, meaning you need to understand the benefits each one offers before making a selection. Learn more about the…
Best Security System Setups for Senior Citizens
According to the American Association of Retired Persons (AARP), nearly 90% of senior citizens want to stay in their homes as they age even if they need day-to-day assistance or have ongoing health issues like early-stage Alzheimer’s or dementia. Unfortunately, criminals often target senior citizens as victims. Thieves assume older people will not be able…
FAQs About Fire Alarm Inspections
There’s a lot of information about fire alarm inspections out there, so how do you know where to begin? We spoke to our team to find the most frequently asked questions about fire alarm inspections. What is a Fire Alarm Inspection? Fire alarm systems are life safety systems that require a fully functional and visual check…